It’sOver:BlackBerrytoStopMakingHardware

Like others before it, BlackBerry is exiting the smartphone hardware business. Instead, the long-struggling Canadian company will shift to a services-only model. This news comes as BlackBerry announced another unprofitable quarter, according to AppleInsider.

In what’s being described as a “tactical” shift for the company, BlackBerry CEO John Chen noted “The company plans to end all internal hardware development and will outsource that function to partners … Our financial foundation is strong, and our pivot to software is taking hold.”